Strategic Cost Reduction: Leading Your Hospital to Success (ACHE Management)

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9781567932676: Strategic Cost Reduction: Leading Your Hospital to Success (ACHE Management)

According to author Michael Rindler, Every hospital has the ability to reduce its costs by at least 5 percent annually without harming clinical quality or customer service. In Strategic Cost Reduction: Leading Your Hospital to Success, he reveals a proven, step-by-step leadership plan for managing costs at all types of hospitals in any location from small rural hospitals to large urban academic medical centers. With a focus on leadership approaches rather than financial techniques, this book explains how to alleviate the anxiety of cost reduction efforts and engage all managers, physicians, and employees in creating a financially healthy organization. You will learn practical strategies for building a cost-reduction culture, uncovering cost-saving opportunities, promoting accountability at all levels, and monitoring results.

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About the Author:

Michael E. Rindler serves as president and CEO of Integrity Hospital Company, a healthcare consulting and management company. He is an accomplished adviser and author with three decades of experience assisting hospitals and healthcare systems throughout the United States. After 15 years spent leading community hospitals and a regional medical center, he founded The Rindler Group in 1989, followed by Integrity Hospital Company in 2003. Mr. Rindler has written five books on different aspects of healthcare leadership.

Review:

I agree with the cost reduction plan Mr. Rindler outlines in this book. His strategic approach which includes a specific time frame, 25 clear steps, and mechanisms for accountability has what it takes to produce sustainable results. There are less-structured approaches that might work temporarily, but they do not offer the long-term impact and success of Rindler s systematic strategy. --Alan J. Bleyer, FACHE, President/CEO, Akron General Health System

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Michael E. Rindler
Published by Health Administration Press (2006)
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